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Traders: Here's what we're buying ahead of earnings rush

Ahead of a string of quarterly results this week, "Fast Money" traders picked their best bets for earnings.

Apple and Twitter are set to report Tuesday. Facebook and Exxon Mobil, among others, follow later in the week.

Despite broader pessimism about Apple's results, traders Karen Finerman and Pete Najarian, who both own Apple shares, said they would stick with the tech giant. The stock has fallen nearly 20 percent in the last year, the selling driven partly by concerns about iPhone sales.

Apple iPhone
Michaela Rehle | Reuters

Finerman contended Apple's results may not end up as dismal as many expect.

She also owns Facebook, and said the social media company should report solid earnings. But she cautioned about Facebook's internet rival Twitter, saying she was "not as comfortable" with its stock.

Twitter shares have fallen 26 percent this year.

Exxon Mobil shares, meanwhile, have climbed 12 percent this year amid a roughly 5 percent rise in U.S. oil prices. Trader Guy Adami said the stock may be too expensive currently, even if Exxon's results surprise.

"My sense is they'll have a good quarter. I just don't know if you can justify the valuation," He said.

Najarian has a long stake in Exxon call options.

Disclosures:

Guy Adami

Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.

Karen Finerman

Karen is long BAC, C, FB, FL, GOOG, GOOGL, JPM, LYV, KORS, M, SEDG, SPY puts, URI. Her firm is long ANTM, AAPL, BAC, BOKF, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, M, MOH, NRF, PLCE, SPY puts, URI, her firm is short IWM, MDY. Karen Finerman is on the board of GrafTech International.

Steve Grasso

Steve is Long AAPL, BA, BAC, CC, DD, DIS, DECK, EVGN, KBH, MJNA, MU, OLN, PFE, PHM, T, TWTR, GDX firm is long CVX, NE, OXY, RIG kids own EFA, EFG, EWJ, IJR, SPY

Pete Najarian

Long AAPL, BAC, BMY, CSCO, DIS, DISCA, GE, KMI, KMI.A, KO, MRK, PEP, PFE, SAVE, ZIOP Long Calls: AAL, ADX, AKS, AMJ, BAC, CL, DATA, EBAY, EGO, ENR, EWZ, F, HAIN, KBH, KMI, KO, KORS, MT, NLNK, SBUX, SLV, SPG, TCK, UAL, XOM Long Puts: FCX, MS, PBR, VLO